Evaluation of Sustainable Energy Security and an Empirical Analysis of China

Debin Fang, Shanshan Shi and Qian Yu
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Debin Fang: Economics and Management School, Wuhan University, Wuhan 430072, China
Shanshan Shi: Economics and Management School, Wuhan University, Wuhan 430072, China
Qian Yu: School of Economics, Wuhan University of Technology, Wuhan 430070, China

Sustainability, 2018, vol. 10, issue 5, 1-23

Abstract: Energy security and sustainability are crucial factors for the development of China. The creation of an evaluation theoretical system of the energy has theoretical and practical significance that is important for ensuring the safe and sustainable development of energy security that matches the national development phase and reflects the sustainable development of national energy. Sustainable energy security must not only take into account the security of energy supply–demand in the long-term and short-term, it must also focus on the coordinated development between energy, the environment, and the economy in China. This paper proposes five dimensions of energy security (availability, accessibility, affordability, acceptability, and develop-ability) to construct China’s Sustainable Energy Security (CSES) evaluation index model. Based on the model, an empirical study of China’s energy security is carried out with data from 2005 to 2015, and dynamic changing trends are analyzed accordingly. The results indicate that availability and develop-ability are the most important weights in China’s Sustainable Energy Security index system, where availability shows a general downward trend, and develop-ability presents an inverted U-type trend, with its lowest point in 2011. From 2008 to 2012, China’s sustainable energy security had been at risk. Taking the year 2010 as the demarcation, two phases were obtained: before and after 2010, during which the level of China’s sustainable energy security first dropped, and then rose. However, compared with 2005, CSES level decreased by 28% in 2015 due to the decline of availability and accessibility. During 2005–2015, China’s energy security system had relative high scores in acceptability and develop-ability, while the sustained downward trend of availability is in need of more regulation.

Keywords: Sustainable Energy Security (SES); index system; entropy-weight TOPSIS model; evaluation system and model (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (39)

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